Lontevis

Retirement Planning in Richland County, ND

What does it take to retire comfortably in Richland County? Here are the numbers.

Median Income

$67,089

Retirement Income (80%)

$53,671

Est. Nest Egg Needed

$754,750

Cost of Living Index

103

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$53,671
Est. Social Security$23,481
Annual Income Gap$30,190

Housing Costs

Median Rent$725/mo
Annual Housing$8,700
Property Tax Rate1.1%
Median Home Value$164,500

About Richland County, North Dakota

Richland County in North Dakota has a median household income of $67,089 and a homeownership rate of 69.2%. Using the 4% rule, retirees in this county would need approximately $754,750 in savings to cover the gap between Social Security and their target retirement income.

These are estimates based on county-level medians. Your actual retirement needs depend on your specific income, expenses, healthcare costs, Social Security benefits, and investment portfolio. Use our calculator for a personalized Monte Carlo analysis.

Plan Your Retirement in Richland County

Enter your income, savings, and goals to get a personalized retirement projection with Monte Carlo simulation, Roth conversion analysis, and withdrawal strategy optimization.

Start Free Analysis

Other Counties in North Dakota

Cass CountyBurleigh CountyGrand Forks CountyWard CountyWilliams CountyMorton CountyStark CountyStutsman County

This County Across Smart Technology Investments

Money and planning

  • Vontarirelocation, cost of living, salary
  • Morivexlife insurance, term, whole
  • Venatribusiness, startup, launch cost

Property and place

Health and care costs

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SSA, BLS. Estimates based on county-level medians and the 4% withdrawal rule. This is not financial advice.